S.D. Codified Laws § 58-24-56

Current through the 2024 Legislative Session
Section 58-24-56 - Filings based on information furnished by noncompliant advisory organization prohibited-Order requiring discontinuance

No insurer that makes its own filings or any rating organization that submits filings with the division may support its filings by statistics or adopt rate-making recommendations furnished to it by an advisory organization which has not complied with § 58-24-54 or with an order of the director involving statistics or recommendations issued under § 58-24-55. If the director finds an insurer or rating organization to be in violation of this section the director may issue an order requiring the discontinuance of the violation.

SDCL 58-24-56

SL 1966, ch 111, ch 15, § 10 (4); SL 2014, ch 239, §18.
Amended by S.L. 2014, ch. 239,s. 18, eff. 7/1/2014.